Digital transformation for India's construction sector
Technology

Digital transformation for India's construction sector

  • 66% of construction companies say digital transformation is a key priority to drive much needed changes to processes, business models and ecosystems
  • Digital transformation to address the top industry challenge of completing projects on time and on budget
Autodesk, Inc(NASDAQ: ADSK) recently announced the publication of an International Data Corporation (IDC) InfoBrief, “Digital Transformation: The Future of Connected Construction.

Sponsored by Autodesk, the IDC InfoBrief – a survey of 835 construction professionals from large construction companies in countries across Europe, the Americas and Asia Pacific – assesses the construction industry’s digital transformation (DX) maturity and challenges.

In India, only 3% are further along in their DX journeys, with most companies (72%) in the early stages of digital maturity.

Overall, Europe and the Americas score higher than the Asia Pacific region in terms of digital maturity. In Asia Pacific, Japan is the most digitally mature country, while China and India are the least mature.

Construction Companies in India are Prioritizing Digital Transformation
According to the survey, 66% of construction companies in India are prioritizing digital transformation.  While the majority of the country’s construction companies are at the early stages of digitalization, the industry anticipates acceleration in digital transformation (DX). To respond to local demand, India construction companies are quickly learning best practices from their peers in more developed markets, which includes knowledge of technologies such as Building Information Modelling (BIM) and its benefits.

Almost one-fifth of India’s construction companies cited completing projects on time and on budget as a top industry concern, followed by workforce safety and effectively managing risk. As a result, project management, enterprise resource planning (ERP) and client relationship management (CRM) have been identified as the top planned software investments.

“Completing projects on time and on budget remains one of the biggest challenges of the Indian construction sector. Digitisation of construction can not only help in efficient project management, but in the process also boost profits and lead to more sustainable outcomes,” said Sunil MK, Head of Architecture, Engineering and Construction business at Autodesk India & SAARC.

“In India, prominent organisations such as Airport Authority of India, Delhi Metro, ITC, Oberoi Realty, Bangalore International Airport Limited, CPWD among others have already mandated digital technologies such as BIM for their projects. Digital transformation of the construction sector can be further accelerated by a proactive recommendation from the government to use 3D digital construction solutions. Many governments worldwide have already advocated BIM and in India too the government can evaluate the benefits of digital construction and advocate its use for signature projects in the country.”

Unlocking “Digital Deadlocks” Can Help Achieve Competitive Advantage
Construction companies in India are still struggling to unlock the full potential of digitization, and cited the following as their top three ‘digital deadlocks’ on their journey to DX maturity:
  1. Development of digital capabilities and skills across the organization – almost half (47%) of all construction companies in India indicated this was their top DX challenge.
  2. Creation of a strategic roadmap for digital investments. Nearly 42% of Indian companies highlighted the challenge of creating a single enterprise-wide technology roadmap to prioritise industry use cases and investments.
  3. Building the right organizational structure – 41% of companies find it challenging to build the right organisation structure embedding digital in the business.
Unlocking these “digital deadlocks” can help organizations mature and progress along their DX journey, moving past the early and mid-level stages into the most mature stages, where digitization is central to the way the company works and delivers a competitive advantage in the market.

The Path Forward
“While many organizations worldwide have embraced digital transformation and are bringing new innovations into their businesses, the construction industry has yet to fully reap the benefits of digitalization due to the unique challenges it faces,” said Daniel-Zoe Jimenez, AVP and APAC Head Digital Transformation at IDC. “However, our research indicates that digital construction solutions (such as BIM workflows, bid management, project management and insights) can help improve construction projects, and construction companies are looking into new, innovative technologies to accelerate their digital transformation.”


About Autodesk
Autodesk makes software for people who make things. If you’ve ever driven a high-performance car, admired a towering skyscraper, used a smartphone, or watched a great film, chances are you’ve experienced what millions of Autodesk customers are doing with our software. Autodesk gives you the power to make anything.

 

66% of construction companies say digital transformation is a key priority to drive much needed changes to processes, business models and ecosystemsDigital transformation to address the top industry challenge of completing projects on time and on budgetAutodesk, Inc. (NASDAQ: ADSK) recently announced the publication of an International Data Corporation (IDC) InfoBrief, “Digital Transformation: The Future of Connected Construction.”Sponsored by Autodesk, the IDC InfoBrief – a survey of 835 construction professionals from large construction companies in countries across Europe, the Americas and Asia Pacific – assesses the construction industry’s digital transformation (DX) maturity and challenges.In India, only 3% are further along in their DX journeys, with most companies (72%) in the early stages of digital maturity.Overall, Europe and the Americas score higher than the Asia Pacific region in terms of digital maturity. In Asia Pacific, Japan is the most digitally mature country, while China and India are the least mature.Construction Companies in India are Prioritizing Digital TransformationAccording to the survey, 66% of construction companies in India are prioritizing digital transformation.  While the majority of the country’s construction companies are at the early stages of digitalization, the industry anticipates acceleration in digital transformation (DX). To respond to local demand, India construction companies are quickly learning best practices from their peers in more developed markets, which includes knowledge of technologies such as Building Information Modelling (BIM) and its benefits.Almost one-fifth of India’s construction companies cited completing projects on time and on budget as a top industry concern, followed by workforce safety and effectively managing risk. As a result, project management, enterprise resource planning (ERP) and client relationship management (CRM) have been identified as the top planned software investments.“Completing projects on time and on budget remains one of the biggest challenges of the Indian construction sector. Digitisation of construction can not only help in efficient project management, but in the process also boost profits and lead to more sustainable outcomes,” said Sunil MK, Head of Architecture, Engineering and Construction business at Autodesk India & SAARC.“In India, prominent organisations such as Airport Authority of India, Delhi Metro, ITC, Oberoi Realty, Bangalore International Airport Limited, CPWD among others have already mandated digital technologies such as BIM for their projects. Digital transformation of the construction sector can be further accelerated by a proactive recommendation from the government to use 3D digital construction solutions. Many governments worldwide have already advocated BIM and in India too the government can evaluate the benefits of digital construction and advocate its use for signature projects in the country.”Unlocking “Digital Deadlocks” Can Help Achieve Competitive AdvantageConstruction companies in India are still struggling to unlock the full potential of digitization, and cited the following as their top three ‘digital deadlocks’ on their journey to DX maturity:Development of digital capabilities and skills across the organization – almost half (47%) of all construction companies in India indicated this was their top DX challenge.Creation of a strategic roadmap for digital investments. Nearly 42% of Indian companies highlighted the challenge of creating a single enterprise-wide technology roadmap to prioritise industry use cases and investments.Building the right organizational structure – 41% of companies find it challenging to build the right organisation structure embedding digital in the business.Unlocking these “digital deadlocks” can help organizations mature and progress along their DX journey, moving past the early and mid-level stages into the most mature stages, where digitization is central to the way the company works and delivers a competitive advantage in the market.The Path Forward“While many organizations worldwide have embraced digital transformation and are bringing new innovations into their businesses, the construction industry has yet to fully reap the benefits of digitalization due to the unique challenges it faces,” said Daniel-Zoe Jimenez, AVP and APAC Head Digital Transformation at IDC. “However, our research indicates that digital construction solutions (such as BIM workflows, bid management, project management and insights) can help improve construction projects, and construction companies are looking into new, innovative technologies to accelerate their digital transformation.”Download the report hereAbout AutodeskAutodesk makes software for people who make things. If you’ve ever driven a high-performance car, admired a towering skyscraper, used a smartphone, or watched a great film, chances are you’ve experienced what millions of Autodesk customers are doing with our software. Autodesk gives you the power to make anything. 

Next Story
Infrastructure Urban

Larsen & Toubro Secures Contract from Defence Ministry

The Ministry of Defence, Government of India, has awarded a significant contract to Larsen & Toubro (L&T) for supplying K9 Vajra-T Artillery Platforms to the Indian Army. As per the company's project classification, the contract is valued between Rs 50 billion and Rs 100 billion. The K9 Vajra-T, a 155 mm, 52-calibre tracked self-propelled artillery platform, is an adaptation of the globally renowned South Korean K9 Thunder howitzer. It has been co-developed by L&T and Hanwha Aerospace to meet the Indian Army's specific operational needs across diverse terrains, including deserts, plains, and..

Next Story
Real Estate

Delhi-NCR Housing Market sees 25% Sales Growth

The Delhi-NCR property market has maintained its momentum during the December quarter, with housing sales and new supply estimated to grow by 25 per cent and 59 per cent, respectively, as reported by PropEquity. Data from the real estate analytics firm suggests that housing sales in Delhi-NCR are likely to rise to 12,915 units during the October-December period of this year, compared to 10,354 units in the corresponding period of the previous year. New supply in the region is expected to increase significantly, reaching 11,223 units, a 59 per cent rise from 7,072 units in the year-ago quarter..

Next Story
Infrastructure Urban

DDC Approves Five Key Projects Under Kasaragod Development Package

The District Development Committee (DDC) has approved a budget of Rs 100.08 million for five key projects under the Kasaragod Development Package. This funding is part of the Rs 700 million allocated in the State budget for the 2024-25 financial year, with administrative approval formally amended to incorporate these initiatives. The decision was made during a meeting chaired by District Collector K. Inbasekar on Saturday, December 21. The approved projects include Rs 40.99 million for constructing Udayapuram Thungal Road in Kottom Belur grama panchayat and Rs 20.56 million for setting up a ..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000